There's $64.3 billlion worth of transit expansion planned for the U.S. by 2013 -- a huge investment no matter how you cut it -- and some cities are investing more than others. Los Angeles stands tall in the list of cities making dramatic investments, a list that also includes Denver, Honolulu, Houston, New York, San Francisco, Seattle and Washington DC. The federal government is picking up half of the tab -- or more -- for many of these projects, and transportation funding will not be effected under the new bipartisan compromise that's pulling us back from the fiscal cliff. At least not in the short term. But an 8% reduction in federal discretionary spending (the "sequester") could reduce funding for New Starts . . .
Read more on Yonah Freemark's The Transport Politic blog.